The Rule of 72 – The Shortcut to Double Your Money
How long will it take to double your money? Can you do the math of compound interest in your head? Do you want to extrapolate how long it will take your money to quadruple, octuple, or to hit an even bigger Big Hairy Audacious target, Freedom Fighter? Do you wish there were a shortcut to all […]
My Interview With Mr. 1500
An oldie but a goodie! This was originally published February 7th, 2015 on the 1500 days blog but doesn’t appear to be live anymore. Maybe I made Carl mad??? Good thing for the Wayback Machine, because I can still give reference to the original publication. If you want to see the original post and comments, […]
May 2018 – Detailed Financial Report #41 – Net Worth $791,370 | Income $34,208
I have that feeling again – like something bad is going to happen. Around this time last year, I wrote about how things were going too well and contemplated what would happen when the music stops (everyone should have a back up plan). When I wrote that post our net worth had just reached $551,510 […]
You CAN Get Rich Working for Someone Else Because Your Career Is Worth Millions of Dollars!
I hate when I hear people say that you can’t get rich working for someone else. It is such a blanket statement that isn’t even in the realm of truth. First of all, there are jobs, and there are careers. Obviously, you’re not going to get rich working at McDonald’s as a burger flipper. But […]
PeerStreet Performance After One Year
Here on GYFG, transparency is the name of the game. I put my money where my mouth blog is, and show you everything: both what works and what does not. Today it is time to check under the hood of my own PeerStreet experience, and let you know how it’s going. To recap, it’s been a […]
The Five Major Milestones of Financial Independence
In the personal finance blogging community, we bloggers can disagree on a lot of things. However, one thing we tend to all agree on is what constitutes reaching the all-coveted status of Financial Independence. Many, including myself, believe in the 4% rule (as a guideline), that defines Financial Independence as a portfolio of 25X your annual […]
Extra! Extra! Read All About It! Rich Uncles Now Available in All 50 States!
The moment we have all been waiting for has finally arrived! The Rich Uncles real estate crowdfunding platform originally launched as a California based fund that invested in Commercial Real Estate, but was only available to California residents only. Then it launched its national fund, which opened up the investment opportunity to many states, but not all […]
April 2018 – Detailed Financial Report #40 – Net Worth $754,208 | Income $33,587
Another month ticks by, and with it brings another financial update. Based on the prior two posts I published, you will notice that April was a time for reflection and self-correction. It’s easy to get swallowed up and consumed by the wealth building game. I had to remind myself not to get so consumed building wealth […]
What If Money Were No Object? [Part One]
I discovered the video below more than three years ago. It really stuck with me, and I knew there would eventually be a time to share it in a blog post. That time has finally arrived. To place this in the context and history of GYFG: I started publicly sharing my monthly financial reports about three […]